XML 18 R9.htm IDEA: XBRL DOCUMENT v3.22.4
Investment in equity securities
9 Months Ended
Dec. 31, 2022
Investments, All Other Investments [Abstract]  
Investment in equity securities Investment in equity securitiesOn April 14, 2017, the Company invested $2.9 million in a social media analytics company, which is included in investments on its unaudited condensed consolidated balance sheets. The Company has elected the measurement alternative for equity investments that do not have readily determinable fair values. The Company did not record an impairment charge on its investment during the three and nine months ended December 31, 2022 and December 31, 2021, as any identified events or changes in circumstances did not result in an indicator for impairment. Further, there were no observable price changes in orderly transactions for the identical or a similar investment of the same issuer during the three and nine months ended December 31, 2022.